Market Watch

AUDCAD - This pair has its monthly MACD slow down on the upper side and STOC has already making a cross downward from the overbought area, so this is the long term trend to sell it again - We are now holding short positions at (6) 1.00573 and (5) 1.00776 and (4) 0.00709.

AUDCHF - This pair has its monthly MACD reaching near the zero line from below and STOC is already made a cross downward from the overbought level, so this is a chance to sell it - We are now holding short positions at (6) 0.76095 and (5) 0.76165 and (4) 0.76092 and (1) 0.75817 and (2) 0.75901 and (3) 0.75968.

AUDJPY - This pair has its monthly MACD already made a crossover with STOC is reaching up to the overbought level, so for a long term trend, it would be a buy - We are still holding temporary short positions at (2) 83.973 and (4) 84.560 and (1) 86.340 and (6) 85.851 and (3) 86.056.

AUDNZD - The pair has its monthly MACD still on the underside and STOC has been back to the oversold level since January, so this is a chance for a buy - We are now holding short positions at (6) 1.05059 and (5) 1.04988 and (4) 1.04941.

AUDUSD - This pair still has its monthly MACD on the underside although STOC is already coming down from the overbought level, so it is pointing to a chance to sell this pair for a while - We are now holding short positions at (6) 0.74414 and (5) 0.75805 and (2) 0.75837 and (3) 0.75525.

CADCHF - For this pair, although the monthly MACD is still low on the underside, but the STOC has made a crossover toward the overbought level, so we will watch it carefully and go in for a buy or sell according to its movements - We are now holding long positions at (1) 0.75151 and (4) 0.75147.

CADJPY - The pair has its monthly MACD making a crossover under the zero line and STOC is near the overbought area, so there is the chance to sell it - Last Friday we closed some of our positions and took a profit of 450 pips. We are still holding temporary covered short positions at (2) 86.558.

CHFJPY - Its monthly MACD is going to make a crossover right under the zero line and STOC is going up, so this is a long term chance to buy whenever possible - We are now holding covered short positions at (1) 113.852 and (2) 112.208 and (4) 110.459 and (5) 111.217 and (3) 114.871 and (6) 114.687.

EURAUD - This pair has its MACD crossing under the zero line and STOC is still in the oversold area, so this is a chance to buy it - We are now holding long positions at (6) 1.41363 and (5) 1.41336 and (4) 1.41366 and (1) 1.40739 and (2) 1.40594.

EURCAD - This pair has both its weekly MACD and STOC on the downward path for many months, so we'll sell it a bit more until it turns up - We are now holding short positions at (1) 1.42398 and (2) 1.42776 and (5) 1.42757 and (6) 1.42262.

EURCHF - This pair has its monthly MACD having a touching downward and STOC is already reaching into the oversold level, so it is a chance to sell it some more - We are now holding temporary long positions at (5) 1.06870 and (4) 1.06901 and (6) 1.06873 and (1) 1.06848 and (2) 1.06431 and (3) 1.06443.

EURGBP - The pair has its monthly MACD slow down on the upper side and STOC is already made a cross downward from the overbought level, so this is a chance to sell it - We are still holding covered short positions at (4) 0.835476 and (5) 0.817347 and (1) 0.86593 and (2) 0.86801.

EURJPY - The pair has its MACD doing a touching and STOC is going upward, so it is presenting an opportunity to buy whenever there is a right condition - We are now holding temporary short positions at (4) 119.106 and (1) 123.124 and (2) 119.844 and (5) 121.776 and (3) 122.911 and (6) 122.575.

EURNZD - The pair has its monthly MACD going under and STOC has been in the oversold level since August last year, so this is a chance to buy it - We are now holding long positions at (5) 1.47211 and (6) 1.46757 and (4) 1.47298

EURUSD - This pair has monthly MACD almost touching for a cross downward on the underside and STOC is still linger in the oversold level, so this is a chance to sell it again for a while - We are now holding short positions at (6) 1.07566 and (5) 1.07532 and (1) 1.07569 and (2) 1.07059 and (3) 1.07872.

GBPCAD - This pair has its monthly MACD on the underside for almost 6 months and STOC has made a crossover in the oversold level, so this is a long term chance to buy it. We are now holding temporary short positions at (4) 1.6500 and (5) 1.64966 and (6) 1.64639.

GBPUSD - This pair has its monthly MACD well down on the underside and STOC is still deep in the oversold level, so this is a chance for a long time buy - We are now holding temporary short positions at (6) 1.25367 and (3) 1.26449.

NZDCAD - This pair has its monthly MACD high on the upper side and STOC has made a cross under in the overbought level, so this is a long term chance to sell it - We are now holding short positions at (6) 0.95640 and (5) 0.95875 and (4) 0.95915.

NZDCHF - This pair has its MACD already passing the zero line and STOC has been in the overbought level since August last year, so this is a chance for selling - We are now holding short positions at (6) 0.72468 and (5) 0.72503.

NZDJPY - This pair's monthly MACD already made a crossover upward and STOC is reaching almost to the overbought level, therefore it's a chance to sell it temporarily although long term trend for this pair is to buy it - We are now holding temporary short positions at (5) 80.665 and (2) 81.797 and (3) 81.645 and (6) 81.595.

NZDUSD - This pair has its monthly MACD slowing down up on the under side and the STOC has come down from the overbought level, so this is the time to go around and sell this pair for a while - We are still holding temporary long positions at (4) 0.69265 and short positions at (5) 0.72127 and (6) 0.72583 and (2) 0.72607 and (3) 0.72806.

USDCAD - The pair has its monthly MACD going lower while still on the upper side and STOC is turning probably for a cross downward to oversold level, so this is a chance to buy it temporarily - We are now holding long positions at (6) 1.30613 and (5) 1.30687 and (2) 1.31213 and (3) 1.30526.

USDCHF - This pair has its monthly MACD making a minor crossover while still on the upper side and STOC is reaching to the overbought level, so it is a chance to buy it a bit with an eye watching for a sudden move downward - We are now holding long positions at (6) 0.99844 and (1) 0.99887 and (5) 0.99910 and (4) 0.99924 and (2) 0.99758 and (3) 0.99916.

USDJPY - This pair has its monthly MACD making a crossover right at the zero line and STOC is going up to the overbought area, so for a long term trend it's an opportunity to buy - We are now holding our temporary covered short positions at (2) 107.040 and (4) 107.757 and (1) 114.201 and (5) 109.021 and long positions at (6) 113.007 and (3) 112.993.

(Charts: Forex Trader)

Disclaimer: This is a personal analysis, not an actual advice, therefore we will not accept any liability for any loss and damage which may arise directly or indirectly from the content of these and future articles.